Hello StockGreed,
I applaud your message titled “Hunger.” When a posting is divided into titled sections, one called “Preamble,” I anticipated and was rewarded with my fill of juicy details. I appreciate your initiative getting the Peter H. Smith interview in the first place as well as your gathering and sharing with us so much information from it.
In your message, of course, in several places, you bring up your discussion with him concerning his reticence to issue as many press releases as best for “Retail” (we poor souls). Good for you! But the number or the sequence or the planning of how to do them are not the main questions I have.
What was most interesting to me in your lengthy reporting was what Smith has been doing lately. I’m sure that’s the case for many others as well. There’s no prohibition against issuing a press release that talks in that most public medium about what he’s already admitted to you.
The most sensational revelations in your message were contained within the following sentence:
“Based on my conversation with Smith, I can tell by his enthusiasm something awesome is happening with Magpie and it is bait to lure a Major, which he said he’s chasing now.”
This is important, to say the least. Did that sentence come out as you intended? Smith actually “said” he’s using Magpie as “bait to lure a Major.” Smith actually came right out and “said” he’s “chasing” a Major “now”? Well, if he told you, what’s to stop him from announcing those two facts to the world in as public a way as possible?
Of course he can use the usual wishy-washy language the investment community has come to expect. But if the information itself remains as he expressed it to you, people will understand we’re talking turkey to a well-armed hunter and the season to shoot fat game has begun.